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The Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges.
Bank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival.
Banking executive says JPMorgan has been active in blockchain for a while.
HKMA CEO Yue says cross-border e-yuan will offer additional payment options to locals
Will CBDCs disrupt stablecoins, or will they help each other?
Allaire also sees political moderation as the best scenario for continued crypto development.
CBDCs: China to distribute $3M of virtual yuan as JD.com is now the first major online service to accept the digital currency.
Speech by Mr Benoît Cœuré, Head of the BIS Innovation Hub, at the World FinTech Festival, Switzerland, 7 December 2020.
Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.
The decision on how to launch a digital euro could still be a long time coming.
Retail payment services in Latin America and the Caribbean are characterised by high costs and insufficient access for large swathes of the region's population. To overcome these limitations, some of the larger central banks in the region have taken the lead to introduce fast retail payments and develop an open banking ecosystem. Several others have launched central bank digital currency pilots. The shift to digital payments, which is supported by these policy initiatives, is likely to receive further impetus from the Covid-19 pandemic.1
Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen.
The Swiss National Bank and the BIS don’t want to miss out on possible blockchain-powered benefits for the financial system.
The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.